Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) Hits New 12-Month Low – What’s Next?

Shares of Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as $45.23 and last traded at $45.23, with a volume of 638 shares. The stock had previously closed at $47.84.

Wall Street Analysts Forecast Growth

Separately, BMO Capital Markets lowered shares of Boardwalk Real Estate Investment Trust from a “strong-buy” rating to a “hold” rating in a research report on Wednesday.

Boardwalk Real Estate Investment Trust Stock Up 1.0 %

The company has a 50-day moving average of $51.63 and a two-hundred day moving average of $55.79. The company has a debt-to-equity ratio of 0.56, a current ratio of 0.29 and a quick ratio of 0.29. The company has a market capitalization of $2.18 billion, a PE ratio of 4.46 and a beta of 1.51.

Boardwalk Real Estate Investment Trust Company Profile

Boardwalk REIT strives to be Canada’s friendliest community provider and is a leading owner/operator of multi-family rental communities. Providing homes in more than 200 communities, with over 34,000 residential suites totaling over 29 million net rentable square feet, Boardwalk has a proven long-term track record of building better communities, where love always lives.